- Yext offers companies a unique series of services which allow them to control online-information and automating the updating of that.
- This gives customers a substantial ROI and there is little in the way of competition.
- While the company still makes considerable losses, the cash bleed is very modest so they can easily afford to keep investing in growth.
- We therefore think that the sell-off is substantially overdone and consider taking a position.
Source: Yext Goes On Sale – Yext, Inc. (NYSE:YEXT) | Seeking Alpha